Bank failure · OH

Ohio Valley (Steubenville, OH) — failed December 17, 1988

Ohio Valley of Steubenville, Ohio was closed on December 17, 1988 and resolved through a a/a. World S&la (OH) took over its insured deposits. At failure it held $203.9M in assets and $238.0M in deposits. The FDIC's estimated loss on the failure is $63.2M (31.0% of assets).